iShares iBonds 1-5 Year TIPS Ladder ETF (NYSEARCA:LDRI) Sees Large Drop in Short Interest

iShares iBonds 1-5 Year TIPS Ladder ETF (NYSEARCA:LDRI) saw a significant decline in short interest during the month of June. As of June 30th, there was short interest totaling 4,330 shares, a decline of 82.3% from the June 15th total of 24,482 shares. Based on an average daily volume of 4,953 shares, the short-interest ratio is currently 0.9 days. Currently, 0.5% of the shares of the stock are short sold.

iShares iBonds 1-5 Year TIPS Ladder ETF Price Performance

LDRI stock traded down $0.04 during trading on Friday, hitting $24.95. 2,082 shares of the company’s stock traded hands, compared to its average volume of 8,122. iShares iBonds 1-5 Year TIPS Ladder ETF has a 52 week low of $24.92 and a 52 week high of $25.87. The business has a fifty day simple moving average of $25.51 and a 200 day simple moving average of $25.41.

iShares iBonds 1-5 Year TIPS Ladder ETF Company Profile

The iShares iBonds 1-5 Year TIPS Ladder ETF (LDRI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is a fund-of-funds, tracking an equally-weighted index that staggers maturities across a portfolio of underlying iShares iBonds TIPS ETFs, all maturing within six years. Each underlying fund comprises US Treasury inflation-protected securities maturing annually. LDRI was launched on Nov 7, 2024 and is issued by BlackRock.